Midwest aluminum premiums find level ground

Jan 30, 2014 | 04:01 PM | Michael Cowden

Tags  aluminum, Midwest premium, P1020, London Metal Exchange, LME, Michael Cowden

CHICAGO — Midwest aluminum premiums have leveled off following a record run-up over the past month, with market sources continuing to disagree over the staying power of such high premiums.

AMM’s spot P1020 premium inched up on the low end to 20.75 to 21 cents per pound Jan. 29 from 20.5 to 21 cents a week earlier, well ahead of 11.5 to 12 cents per pound at the start of the month.....





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